Bloomberg: Coinbase shares are experiencing their worst quarter since the FTX collapse
2025-04-01 02:18:57
Shares of Coinbase Global Inc. and other cryptocurrency-related companies took a hit in Quarter 1 2025, driven by heightened concerns about the US economic outlook. Coinbase shares fell 31%, marking their worst quarterly performance since the FTX crash at the end of 2022. Virtually every major cryptocurrency-related stock plummeted, from conglomerate GalaxyDigitalHoldingsLtd to miners RiotPlatforms Inc. and CoreScientific Inc. The situation in the crypto market is also not optimistic, with Bitcoin's market value falling by more than 10% and Ethereum's market value falling by 45%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
彭博社：Coinbase股价迎来自FTX崩溃以来最糟季度Next article：
BTC突破83000美元
